The average room rate for a hotel in a city in 2016 was $332. Suppose the city's Chamber of Commerce would like to test if this rate has changed recently by randomly sampling 41 room rates. The mean of this sample was found to be $346.91. Assume the population standard deviation is $58. Using α=0.01, complete parts a through c.
The average room rate for a hotel in a city in 2016 was $332. Suppose the city's Chamber of Commerce would like to test if this rate has changed recently by randomly sampling 41 room rates. The mean of this sample was found to be $346.91. Assume the population standard deviation is $58. Using α=0.01, complete parts a through c.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Question
The average room rate for a hotel in a city in 2016 was
$332.
Suppose the city's Chamber of Commerce would like to test if this rate has changed recently by randomly sampling
41
room rates. The
$346.91.
Assume the population standard deviation is
$58.
Using
α=0.01,
complete parts a through c.
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